Much awaited PCH quarterly report!!

You know what will be classic. PCH getting caught by the band again, but this time on the way down

xmart wrote:so we need educated Sri lankan or educate Sri Lankan about capital market. not more rules. market should be filled with all type of players.

my reputation is going down just like on Monday PCH share price. but i'm commenting about what i believe.

i'm not saying he is 100% correct. but people had to learn from GREG, even now from PCH. people never learn. it is sad!

yeap i don't like rules either thats why i don't like even work in a office .i don't even like the office culture . but in sri lanka WE BADLY NEED RULES . WHAT WOULD YOU DO IF PEOPLE ARE NOT WILLING TO LEARN AND DO THE NAUGHTY THINGS OVER AND OVER AGAIN.
just look our local roads where people crossing the road as they own it. i don't like to fight with these kind of people . only way to stop these kind of things are by a strong legal system .
pardon me for exaggerating on these topic but i truly see a real future in sri lanka and want to see good educated law abiding citizens like in singapore .

mono wrote:You know what will be classic. PCH getting caught by the band again, but this time on the way down

The fact that PCH was caught in the band is clear indication that even the SEC knew that this was being manipulated. Lets hoped that they will take stern action this time.

do you think MW might get into legal trouble

mono wrote:You know what will be classic. PCH getting caught by the band again, but this time on the way down

I posted this same thing few weeks back on facebook ma!

so did mono violated the copy rights of you

Is there a law for manipulation in sri lanka?

mission wrote:Is there a law for manipulation in sri lanka?

Yes, there is. Several high profile businessmen have been charged with it. However I don't think any of them were convicted. They all compounded the offence. Which is another way of saying you can pay your fine without admitting that you are guilty!

Gaja wrote:SPEN, HUNA, SERV, RGEM

How to found when a report is upload under financials, but not in the announcement area[/quote]

1.Type SPEN.N on SYMBOL LOOKUP (on home screen) and Press Search.
2. On Company Profile Page -> Click On "Financials" tab.
3. Click on "KEY FINANCIALS"

Is what you looking for?

Thank u v much experts who identified PCH as manipulated share and comment of that.
This is good lesson for those who follow manipulators...

Seems quarterly EPS is stagnating. I do not wonder even if this share rocketed Monday. As this is the CSE (Casino Stock Exchange).

Academic wrote:Seems quarterly EPS is stagnating. I do not wonder even if this share rocketed Tuesday. As this is the CSE (Casino Stock Exchange).

Yeah! and these are December earnings of a computer retail business. what should have been their most profitable time of the year.

You guys haven't seen the worse yet. wait till their data center starts making losses & their indian cell phones don't sell

Following is a Google cache of discussion at investnow. See how people commented on PCH at that time. A lesson to learn.

http://webcache.googleusercontent.com/search?q=cache:GS62Ac3-3REJ:investnow.lk/2011/01/07/pch-saga-and-gurus-in-the-forum:-attention-to-retail-investors/9790/26371/+investnow+pch+saga&cd=1&hl=en&ct=clnk&gl=lk&client=firefox-a&source=www.google.lk

Academic wrote:Seems quarterly EPS is stagnating. I do not wonder even if this share rocketed Tuesday. As this is the CSE (Casino Stock Exchange).

We cant predict any more.. all are revealed and now investors are waiting Monday to come to be first to wash their hands.........

rmnihad wrote:

Academic wrote:Seems quarterly EPS is stagnating. I do not wonder even if this share rocketed Tuesday. As this is the CSE (Casino Stock Exchange).

We cant predict any more.. all are revealed and now investors are waiting Monday to come to be first to wash their hands.........

I didn't mean it will go up. I just wanted to stress how manipulative our market is.

Academic wrote:

rmnihad wrote:

Academic wrote:Seems quarterly EPS is stagnating. I do not wonder even if this share rocketed Tuesday. As this is the CSE (Casino Stock Exchange).

We cant predict any more.. all are revealed and now investors are waiting Monday to come to be first to wash their hands.........

I didn't mean it will go up. I just wanted to stress how manipulative our market is.

Yes i got u well.. but i think this time even manipulators cant help...

Just look at the discussion started by me in investnow. See how poeple came against me.

http://webcache.googleusercontent.com/search?q=cache:v_IKxqpvpo4J:investnow.lk/2011/01/20/is-pch-overvalued/11023/+Is+PCH+overvalued+investnow&cd=1&hl=en&ct=clnk&gl=kw&client=firefox-a&source=www.google.com.kw

well there will be alot of blood ...................
sadly those are the retailers like u n me .................
i dont think MW manipulated ... seems he is a honest guy (o rather over confidence) guy with the analysis he did. as far as my memory he didnt give barriers for pch at first (if he did those were not much higher like 100 but up to ECL level max) . few ppl did da manipulation.

my issue is will this affect the market sentiment specially when the market is driven by retailers these days ??

cse.lk is a bullshit site. they should have implemented a decent UI to see those company updates....

If panic sellers starts sellin PCH on MOnday i think one stock is enough to bring down da whole market which was performin xtremely well in last couple of days....people will go aftr 1 another....
bt i wonder if smthn lk no buyers happened on da day PCH price band imposed , market will keep its momentum as it is...
bt who knws thiz CSE....anythn can happen....

rmnihad wrote:Thank u v much experts who identified PCH as manipulated share and comment of that.
This is good lesson for those who follow manipulators...

But didn't you attack me and Mono in another thread last week and didn't you tell us what a wonderfull share PCH was? Now you are changing your spots?

`Will` story of MW

http://webcache.googleusercontent.com/search?q=cache:d5lSKUW6WXAJ:investnow.lk/2011/01/17/keep-an-eye-on-pch-now/8391/+pch%2Binvestnow&cd=7&hl=en&ct=clnk&gl=lk&source=www.google.lk

wmdcf wrote:

Gaja wrote:SPEN, HUNA, SERV, RGEM

How to found when a report is upload under financials, but not in the announcement area

1.Type SPEN.N on SYMBOL LOOKUP (on home screen) and Press Search.
2. On Company Profile Page -> Click On "Financials" tab.
3. Click on "KEY FINANCIALS"

Is what you looking for?
[/quote]

@wmdcf,

You gave the proper way for what gaja wanted.
What I explained was a short cut avoiding CSE traker page.
When you open a page with CSE tracker (moving line with share prices) the computer memory get overloaded and the page loading become very slow.
This started when they reprogrammed cse page few months ago. Now CSE site is not only very slow but eating our RAM.

It seems many people are ejaculating their burning pressure against PCH. some have become jubilant as their prediction have worked. Yes PCH is highly manipulated especially by day trading activities.
But mind you there are many shares at CSE trading at PE ratio of over 50, and some loss making companies trading at very high prices.
TFC share issue has oversubscribed despite heavy losses and very negative assets. when compare with those foolish picks PCH is lesser foolish choice in my opinion

RockStock wrote:It seems many people are ejaculating their burning pressure against PCH. some have become jubilant as their prediction have worked. Yes PCH is highly manipulated especially by day trading activities.
But mind you there are many shares at CSE trading at PE ratio of over 50, and some loss making companies trading at very high prices.
TFC share issue has oversubscribed despite heavy losses and very negative assets. when compare with those foolish picks PCH is lesser foolish choice in my opinion

Lol, and people are in denial.

the high PE companies are either black holes like DPL or premium companies like JKH.

TFC is TFC, the gov will never let it fall. Plus there are more than a few corporations waiting to jump in and take control of it, LOLC being one. That's why it can sustain it's price.

Let's face it unless some brokerage starts sending lambs to the slaughter PCH will bleed for the next 4 months. And with a credit crunch in the foreseeable it won't be pretty. Maybe, PCH can start their own radio show like GREG.

tubal wrote:

rmnihad wrote:Thank u v much experts who identified PCH as manipulated share and comment of that.
This is good lesson for those who follow manipulators...

But didn't you attack me and Mono in another thread last week and didn't you tell us what a wonderfull share PCH was? Now you are changing your spots?

No, No, My friend i never attacked u or Mono, i always valued posts of u both. but only i hurt something told by u...
No worries.... i prepared to bare losses
Good luck

Victims of PCH are like those attached by a Pole Cat.

See comments made by me under different posts last week.
I got my son to dump his shares just in time @28.5 on that day. (I did not know he had some PCH shares still in his PF.

ControlFreak wrote:Victims of PCH are like those attached by a Pole Cat.

See comments made by me under different posts last week.
I got my son to dump his shares just in time @28.5 on that day. (I did not know he had some PCH shares still in his PF.

what happened to your watawala

What will be the price to dump PCH on monday morning........is it 26.....??

who wil buy a share worth 15 for 26....
Pray for a miracle to happen....

I usually don't participate in this forum and rather just follow the amusing and/or helpful threads going on, they make good entertainment. However, for all those out there loving or hating PCH, let's consider a few fundamental realities:

01) PCH appears overvalued when applying standard evaluation techniques
02) Their Q4 2010 results are not as impressive as everyone expected
03) There have been numerous rumors, allegations, etc. on various forums over the past 2 months
04) The share price movement of PCH on certain days appears like manipulation
05) Many of us can report of first-hand negative experience as customers of PCH
06) PCH primarily is a retailer, not a software developer as some claim

So far so good in favor of the nay-sayers, but

07) The whole PCH saga only started during Dec2010, when the business of Q4 was already conducted
08) Any movement of any share price always has an element of crowd behavior to it
09) Some "blue chip" shares trade at much higher PE ratios (e.g,. KHL: 100+)
10) Especially in the IT sector, share prices reflect future outlook rather than past performance
11) Dr. Senthilverl and others would most certainly not increase their stakes (massively) without a plan
12) Other ("blue chip") companies have identical share price growth patterns over the past months
13) PCH will engage in a few interesting acquisitions and expansions during 2011
14) Just like there's people promoting PCH to get the share price up, there's plenty of people talking negatively in order to bring prices down and to then collect

I am not advocating nor advising against PCH, this is purely my opinion and I think it's all gotten out of hand the last few weeks. Whoever Marketwatch/Marketbull is, one thing he has always done: advised people to do their own research, so nobody can blame him. Everyone legally entitled to trade is legally bound by accepting the outcome of their own decisions.

As for those forecasting a dooms day scenario for Monday, well, personally I believe that PCH will go down to about 25 next week and then hover there for a while before the next run (35 maybe). Some big players have identified PCH as a target and it's mostly the small traders that are selling off at the moment, collecting profits and engaging in the usual panic sell-offs. Good luck to everyone, PCH or not, just keep these forums clean please. We all want to make some money, nobody likes to lose, and in the end we are all here to learn something.